A slight rise in demand Tuesday provided impetus for the NYMEX January natural gas futures contract and the rest of the winter to rebound Tuesday after five straight days of Continue Reading
Oil prices fell more than 4 percent on Tuesday as planned production curbs by global producers, led by Saudi Arabia and Russia, failed to allay concerns about renewed oversupply stoked Continue Reading
“The current price fall is greatly aided by the general fall in global equities due to persistent concerns about economic growth, including the U.S.-China trade dispute,” which has led to Continue Reading
Oil prices fell 4 percent on Tuesday, dropping for a third consecutive session as reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp Continue Reading
Oil prices fell more than 2 percent on Monday, with U.S. crude hitting the lowest since September 2017, on signs of oversupply in the United States and as investor sentiment Continue Reading
Oil prices steadied on Monday after slipping by around 2 percent last week but remained under pressure from oversupply and concern over the prospects for global economic growth and fuel Continue Reading
Oil prices dropped about 2 percent on Friday, weighed down by falling U.S. stock markets, while weak economic data from China pointed to lower fuel demand in the world’s biggest Continue Reading
Global Growth: The strength of the global economy once again came into question Friday after Chinese data showed a slowdown in industrial production in November. Meanwhile, growth in retail sales Continue Reading
Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row. The four-rig decline was Continue Reading
Oil prices slipped on Friday after China reported slower economic growth, pointing to lower fuel demand in the world’s biggest oil importer, although market sentiment was supported by supply cuts Continue Reading
